Opening page…
Closed
- Listed price
- $180,000
- Listed Mar 31, 2014
- Sold price
- $171,000
- Sold Aug 27, 2014
6,970 sqft lot|1972 Built|96 days listed
1127 Olive Tree Ln, Hemet, CA 92543
Property Description
This is a really nice triplex that performs extremely well. At a competitive $60K per unit, on actual income & expenses it puts out a 8.33 GRM and a 7.13 cap rate. Put in market financing and you have a cash on cash return of almost 11%! Also, these units have a history of staying 100% occupied. This is due to the attractive amenities of a breakfast bar, laundry hook ups, private carport for each unit, forced heat & air, private carports for each unit, and private patios in each unit. Further, these fine units are located on a quiet cul de sac just off of San Jacinto Street, close to shopping and schools. Please see Supplements for cash flow analysis, aerial, and site plan. MUST BE SOLD WITH ADJACENT 4 UNITS AT 1105 OLIVE TREE LANE. SEE PARCEL MAP AND AERIAL IN SUPPLEMENTS. Please see triplex comp (attached in Supplements) on same street, almost next door for $35,000 more!!
Listing agent: Tony BurtonDRE #01014173burtonccim@yahoo.com, Listing office: Burton Commercial, Inc.
MLS data updated 10/19/2026, 11:30:35 AM PT
Source: CRMLSMLS #: SW14065077
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$171,000
Aug 27, 2014
Available records22014
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92543 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92543 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.